Hunting : Directors Shareholding/PDMR transactions

RNS Number : 1855F

Hunting PLC

05 March 2020

For Immediate Release

5 March 2020

Hunting PLC

('Hunting' or 'the Company')

Directors Shareholding/PDMR transactions

Hunting PLC today announces that under the rules of the Hunting Performance Share Plan ('HPSP'), and following the measurement of the relevant performance conditions, shares granted in 2017 to the executive Directors and members of the Hunting executive committee, who are all determined to be PDMRs, partially vested and were exercised as follows:

PDMR	Position	No. of vested & exercised awards	No. of ordinary shares sold	No. of ordinary shares retained
Jim Johnson	Executive Director	148,314	58,527	89,787
Rick Bradley	Executive Committee	89,036	35,155	53,881
Scott George	Executive Committee	92,205	60,393	31,812
Bruce Ferguson	Executive Committee	40,051	18,891	21,160
Daniel Tan	Executive Committee	65,898	14,549	51,349

Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the Company, now totals 317,629 ordinary shares, representing 0.19% of the issued share capital of the Company.

The performance measures of the awards are noted on pages 94 and 98 of the 2019 Annual Report and Accounts. The performance period was 1 January 2017 to 31 December 2019.

The average selling price of the above ordinary shares for tax liabilities was 313.876 pence.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jim Johnson
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hunting PLC
b)	LEI	2138008S5FL78ITZRN66
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
	TRANSACTION 1
	Description of the financial instrument, type of instrument	Ordinary Shares of 25 pence each
Identification code	ISIN:- GB0004478896
	Nature of the transaction	Vesting and exercise of share awards over Ordinary Shares in the Company granted on 3 March 2017, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
		Price(s)	Volume(s)
		313.876 pence	148,314 Ordinary Shares
Date of the transaction	3 March 2020
Place of the transaction	London
	TRANSACTION 2
	Description of the financial instrument, type of instrument	Ordinary Shares of 25 pence each
Identification code	ISIN:- GB0004478896
	Nature of the transaction	Sale of Ordinary Shares to cover tax liabilities
	Price(s) and volume(s)
		Price(s)	Volume(s)
		313.876 pence	58,527 Ordinary Shares
Date of the transaction	3 March 2020
Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rick Bradley
2	Reason for the notification
a)	Position/status	Executive Committee Member
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hunting PLC
b)	LEI	2138008S5FL78ITZRN66
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
	TRANSACTION 1
	Description of the financial instrument, type of instrument	Ordinary Shares of 25 pence each
Identification code	ISIN:- GB0004478896
	Nature of the transaction	Vesting and exercise of share awards over Ordinary Shares in the Company granted on 3 March 2017, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
		Price(s)	Volume(s)
		313.876 pence	89,036 Ordinary Shares
Date of the transaction	3 March 2020
Place of the transaction	London
	TRANSACTION 2
	Description of the financial instrument, type of instrument	Ordinary Shares of 25 pence each
Identification code	ISIN:- GB0004478896
	Nature of the transaction	Sale of Ordinary Shares to cover tax liabilities
	Price(s) and volume(s)
		Price(s)	Volume(s)
		313.876	35,155 Ordinary Shares
Date of the transaction	3 March 2020
Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Scott George
2	Reason for the notification
a)	Position/status	Executive Committee Member
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hunting PLC
b)	LEI	2138008S5FL78ITZRN66
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

	TRANSACTION 1
	Description of the financial instrument, type of instrument	Ordinary Shares of 25 pence each
Identification code	ISIN:- GB0004478896
	Nature of the transaction	Vesting and exercise of share awards over Ordinary Shares in the Company granted on 3 March 2017, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
		Price(s)	Volume(s)
		313.876 pence	92,205 Ordinary Shares
Date of the transaction	3 March 2020
Place of the transaction	London
	TRANSACTION 2
	Description of the financial instrument, type of instrument	Ordinary Shares of 25 pence each
Identification code	ISIN:- GB0004478896
	Nature of the transaction	Sale of Ordinary Shares
	Price(s) and volume(s)
		Price(s)	Volume(s)
		313.876 pence	60,393 Ordinary Shares
Date of the transaction	3 March 2020
Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bruce Ferguson
2	Reason for the notification
a)	Position/status	Executive Committee Member
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hunting PLC
b)	LEI	2138008S5FL78ITZRN66
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
	TRANSACTION 1
	Description of the financial instrument, type of instrument	Ordinary Shares of 25 pence each
Identification code	ISIN:- GB0004478896
	Nature of the transaction	Vesting and exercise of share awards over Ordinary Shares in the Company granted on 3 March 2017, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
		Price(s)	Volume(s)
		313.876 pence	40,051 Ordinary Shares
Date of the transaction	3 March 2020
Place of the transaction	London
	TRANSACTION 2
	Description of the financial instrument, type of instrument	Ordinary Shares of 25 pence each
Identification code	ISIN:- GB0004478896
	Nature of the transaction	Sale of Ordinary Shares to cover tax liabilities
	Price(s) and volume(s)
		Price(s)	Volume(s)
		313.876 pence	18,891 Ordinary Shares
Date of the transaction	3 March 2020
Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Daniel Tan
2	Reason for the notification
a)	Position/status	Executive Committee Member
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hunting PLC
b)	LEI	2138008S5FL78ITZRN66
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
	TRANSACTION 1
	Description of the financial instrument, type of instrument	Ordinary Shares of 25 pence each
Identification code	ISIN:- GB0004478896
	Nature of the transaction	Vesting and exercise of share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
		Price(s)	Volume(s)
		313.876 pence	65,898 Ordinary Shares
Date of the transaction	3 March 2020
Place of the transaction	London
	TRANSACTION 2
	Description of the financial instrument, type of instrument	Ordinary Shares of 25 pence each
Identification code	ISIN:- GB0004478896
	Nature of the transaction	Sale of Ordinary Shares to cover tax liabilities
	Price(s) and volume(s)
		Price(s)	Volume(s)
		313.876 pence	14,549 Ordinary Shares
Date of the transaction	3 March 2020
Place of the transaction	London

For further information please contact:

Ben Willey, Company Secretary

020 7321 0123

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